🕐20.10.09 - 20:09 Uhr
Diamond Drilling Underway at Raney Gold Project, Timmins, NE Ontario
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Re: News Releases - Tuesday, October 20, 2009
Diamond Drilling Underway at Raney Gold Project, Timmins, NE
Ontario
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Vancouver, BC -- MPH Ventures Corp.
(TSX-V: MPS) (FWB: IJA1) (the
"Company") reports that a diamond drill program on its 100% owned 3,500
acres Raney Gold Project located southwest of Timmins, northeastern
Ontario has commenced.
The 1,000 metre drill program will consist of four holes to test the
downward continuity of the Raney gold mineralization.
To date, ten
diamond drill holes have been completed on the project, five holes by
past project operators and five holes by MPH Ventures.
Significant gold intersections include 7.7 g/t Au over 6.8 metres in
hole R-09-04, 6.5 g/t Au over 8.0 metres in hole R-09-08, and 3.5 g/t
Au over 6.8 metres in hole 99-01.
These intersections are positioned
between the 90 metre and 130 metre vertical depth level.
Shallower
holes intersected narrow widths of lower gold grades and deeper holes
intersected wider intercepts of higher gold grades.
A long section of
the drilling is included in the link below.
MPH president Jim Pettit commented "This drilling will begin to test
deeper portions of this gold bearing structure on the Raney Gold
project.
The exceptional results from the small number of drill
intersections to date indicate excellent potential for the discovery of
a continuous zone of gold mineralization at depth.
The exploration program is being carried out under the direction of
Todd Keast, P.
Geo.
The information in this news release was prepared
by Todd Keast, P.
Geo., a qualified person as defined by National
Instrument 43-101.
MPH Ventures Corp.
is a gold and molybdenum exploration company focused
on mineral development within Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pettit"
______________________________
JAMES G.
PETTIT
President
For further information contact myself or:
Don Myers
MPH Ventures Corp.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email:
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF
THIS NEWS RELEASE.
This news release may contain certain "Forward-Looking Statements" that
may involve a number of risks and uncertainties.
There can be no
assurance that such statements will prove to be accurate, and actual
results and future events could differ materially from those
anticipated in such statements.
For a more detailed discussion of such
risks and other factors, refer to the Companys filings with Canadian
Securities regulators available on www.sedar.com
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Copyright (c) 2009 MPH VENTURES CORP (MPS) All rights reserved.
For
more information visit our website at http://www.mphventurescorp.com/
or send mailto:
Message sent on Tue Oct 20, 2009 at 10:12:51 AM Pacific Time
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